MIT Says Texas has too Much Renewable Energy. 2 Solutions. Informed Intel.
Why is it a problem that Texas has an abundance of renewable energy?
- its causing negative energy pricing when wind and solar produce power in peak quantities
- utilities have to pay grid operators to take power off their hands
Are there solutions to a glut of renewable energy?
- Ship the energy. Yes, Germany, which also had negative energy prices, makes $2billion per year exporting energy
- Store the energy. Large scale storage of excess energy, which isn’t possible yet.
MIT Technology Review | Texas and California Have Too Much Renewable Energy